3 ms·
> Is there any way to short Open AI and this nonsense that AGI is round the corner? NVDA is a decent proxy for OpenAI, their market cap would evaporate if big
by quickthrowman 2y ago
> Is there any way to short Open AI and this nonsense that AGI is round the corner?
NVDA is a decent proxy for OpenAI, their market cap would evaporate if big tech stopped buying.
- valicord 2y agoPeople said the same thing a few years back during the cryptocurrency bubble...
- deleted 2y ago[deleted]
- quickthrowman 2y agoNVDA peaked around 30 in 2022 and went down to 10 after ETH went PoS. BTC went from 60k to 20k in the same period. Seems like a perfectly good proxy to me? You could make the argument that rate hikes caused both, but NVDA was looking iffy in between crypto mining and ChatGPT. I did not say I would short NVDA personally, mind you.